Tag: new home starts

Business

Home starts up 1.9% in March with multi-family jump

Construction starts on new U.S. home rose 1.9 percent in March to a seasonally adjusted annual rate of 1.319 million homes, according to data from the Commerce Department. Home starts are now 10.9 percent above the March 2017 rate. The March growth was fueled by a 16.1-percent jump in multi-family home starts which are up […]

April 17, 2018

Home

Home starts rebound 6 percent in July as permits and builder confidence soar

We’ll say this for the current home construction recovery: it doesn’t stay down for long. Following a 10-percent drop in June, new home starts in July rose 6 percent to a seasonally-adjusted annual rate of 896,000, according to data from the Commerce Department Friday. It’s a good sign, as home starts inch closer to regaining the […]

August 16, 2013

Business

Home construction starts up 6.8% in May

After a tumble of 14.8 percent in April, U.S. home construction starts rose 6.8 percent in May, according to new data from the U.S. Census Bureau. In total, home builders began construction on a seasonally adjusted annual rate of 914,000 homes in May. That’s an improvement of 28.6 percent over the same time last year and […]

June 19, 2013

Workforce

Why isn’t construction hiring booming like housing? Hoarding.

Citing a phenomenon that might not make much sense to those outside of the industry, Neil Irwin took to the Washington Post’s Workblog recently to discuss why construction job growth, though recovering, isn’t quite matching the numbers of the booming housing market. Just yesterday we reported that the annual rate on home starts grew in […]

March 21, 2013